Austin-Round Rock-San Marcos vs Memphis
Cost of Living Comparison
Austin-Round Rock-San Marcos
To match your lifestyle in Memphis, you'd need:
$43,292
The Verdict
Cost of Living Index
Purchasing Power
Memphis
To match your lifestyle in Austin-Round Rock-San Marcos, you'd need:
$117,597
The Bottom Line
On a $70,000 salary, you would have $6,936 more per year in Memphis compared to Austin-Round Rock-San Marcos. You'd pay $0 less in taxes in Memphis, while housing costs 31% less. The cost of living in Austin-Round Rock-San Marcos is 26% above avg, while Memphis is 23% below avg, making Memphis the more affordable city overall. Your $70,000 salary in Austin-Round Rock-San Marcos feels like earning $43,292 in Memphis once you factor in taxes, rent, and cost of living. For K-12 education, Memphis has a better pupil-teacher ratio (0:1 vs 0:1). College is more affordable in Memphis ($22,621 vs $15,269 avg in-state tuition).
K-12 Schools
Colleges & Universities
Frequently Asked Questions
Is Austin-Round Rock-San Marcos or Memphis more expensive?
Austin-Round Rock-San Marcos is more expensive with a cost of living index of 126.4 vs 77.3 (national average = 100).
What salary in Memphis equals $70,000 in Austin-Round Rock-San Marcos?
You would need to earn approximately $43,292 in Memphis to maintain the same purchasing power as a $70,000 salary in Austin-Round Rock-San Marcos, after accounting for taxes, rent, and cost of living differences.
How much is rent in Austin-Round Rock-San Marcos vs Memphis?
Average annual rent for a 2-bedroom apartment is $22,224 in Austin-Round Rock-San Marcos and $15,288 in Memphis—housing is 31% less in Memphis.